JULY 2008

Tube City opens new offices in Singapore and Belgium

Tube City IMS, LLC announced that its Tube City Division has opened its first trading offices in Singapore, and Gent, Belgium, and has expanded its representative trading offices in Jakarta, Indonesia, and Beijing, China.

Hideyuki “Nishi” Nishizawa, who has been instrumental in orchestrating the Company’s international trading growth in the Asia-Pacific region, has been promoted to managing director of Asia. He will be relocating from the United States, and will be responsible for developing, managing and expanding the Company’s Asian trading operations from the newly-opened Singapore trading office.

Luke Fang and Abby Yao have joined the Company’s growing Beijing representative office as traders under the leadership of Steven Liu, chief representative.

Fajar Nafies has joined the expanding Jakarta representative office as a trader under the leadership of Iman Surachman, chief representative.

Alain Eeckman has joined the Company as managing director of Europe and will be responsible for developing, managing and expanding the Company’s European trading operations from the newly-opened Belgium trading office. Eeckman has more than 15 years of experience in logistics and steel trading. Prior to joining the Company, he worked at Trade Arbed/Considar and ArcelorMittal.